Attock Cement Pakistan (KAR:ACPL) Cash-to-Debt : 0.11 (As of Mar. 2024)

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What is Attock Cement Pakistan Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Attock Cement Pakistan's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Attock Cement Pakistan couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Attock Cement Pakistan's Cash-to-Debt or its related term are showing as below:

KAR:ACPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.29 Max: 610.19
Current: 0.11

During the past 13 years, Attock Cement Pakistan's highest Cash to Debt Ratio was 610.19. The lowest was 0.03. And the median was 0.29.

KAR:ACPL's Cash-to-Debt is ranked worse than
79.84% of 382 companies
in the Building Materials industry
Industry Median: 0.455 vs KAR:ACPL: 0.11

Attock Cement Pakistan Cash-to-Debt Historical Data

The historical data trend for Attock Cement Pakistan's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Attock Cement Pakistan Cash-to-Debt Chart

Attock Cement Pakistan Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.07

0.29

0.68

0.13

0.27

Attock Cement Pakistan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.27	0.07	0.12	0.11

Competitive Comparison of Attock Cement Pakistan's Cash-to-Debt

For the Building Materials subindustry, Attock Cement Pakistan's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Attock Cement Pakistan's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Attock Cement Pakistan's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Attock Cement Pakistan's Cash-to-Debt falls into.

Attock Cement Pakistan Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Attock Cement Pakistan's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2719.831	/	(3730.733	+	6452.402)
	=	0.27

Attock Cement Pakistan's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1351.781	/	(7420.071	+	5447.442)
	=	0.11

Attock Cement Pakistan (KAR:ACPL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Attock Cement Pakistan Cash-to-Debt Related Terms

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Attock Cement Pakistan (KAR:ACPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Attock Cement Pakistan Ltd (KAR:ACPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kehkashan-5, D-70, Block-4, Clifton, Karachi, SD, PAK, 75600

Website

https://www.attockcement.com

Attock Cement Pakistan Ltd is engaged in the business of producing and marketing of cement. Its product offering includes Falcon Ordinary Portland cement, Falcon Sulphate resistant cement, Falcon Rock Cement, and Falcon Block cement.

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